into account; (h) any counter-indemnity obligation in respect of a guarantee, indemnity, bond, documentary letter of credit or any other instrument issued ... amount of any liability in respect of any of the guarantee or indemnity for any of the items referred to in sub-clauses
crores to
the borrower. Guarantor/ Indemnifier has undertaken
guarantee/ indemnity to make good of loss along with interest, if
the borrower fails to repay ... palkhi
Road Private Limited)
The Corporate Debtor has given Corporate
Guarantee by Guarantee cum Indemnity
dated 05.08.2022 at Annexure B above in
favor
bank acting on behalf of the beneficiary against
a document of guarantee/indemnity at the instance of the
beneficiary and (2) whether this Court could ... bank, acting on behalf of the beneficiary
against a document of guarantee/indemnity at the instance of
the
317
beneficiary ? Another question also arises
Guarantee executed by
defendants 2, 3 and 4 with a copy of the Bank
Guarantee for Rs.1 lakh, the Deed of Indemnity
and Guarantee ... Guarantee executed by
defendants 2, 3 and 4 together with a copy of
Bank Guarantee of Rs.19 Lakhs, the Deed of
Indemnity and Guarantee
Bank Guarantee, assuming whilst denying that the PG is a Bank
Guarantee, the PG is a conditional Bank Guarantee and therefore cannot be invoked
until ... correct that
the Bank Guarantee which is invoked by Ahuja Properties is not a Bank Guarantee, but
is an Indemnity Bond and therefore
amount of any
liability in respect of any of the guarantee or indemnity
for any of the items referred to in sub-clauses ... applicant that any counter indemnity obligation
in respect of a guarantee, indemnity, bond,
documentary, letter of credit or any other
instrument issued by a bank
guarantee. The documents executed by a bank are classified as letters of credit and bank guarantee. Under category bank guarantee we include bank guarantee bonds ... Bank Guarantee, it is not acceptable that the document in question is not a Bank Guarantee or that it is a contract of indemnity
some other documents, the petitioner referred to the
guarantee as a performance guarantee and not an indemnity
bond. The indemnity bond has been separately provided ... performance
guarantee in the form of a bank guarantee and, therefore, a
contract of guarantee itself. It is a contract of indemnity. By
relying
Corporate Debtor - M/s Balasore Alloys Limited executed a
Deed of Indemnity and Guarantee for Inter Corporate Deposit
(ICD) on 14.12.2025 by which the Financial ... Crore for
15 days @15% per annum interest. The Deed of Indemnity and
Guarantee further contemplated that if the Inter Corporate
Deposit is not paid
Corporate Debtor - M/s Balasore Alloys Limited executed a
Deed of Indemnity and Guarantee for Inter Corporate Deposit
(ICD) on 14.12.2025 by which the Financial ... Crore for
15 days @15% per annum interest. The Deed of Indemnity and
Guarantee further contemplated that if the Inter Corporate
Deposit is not paid
